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Topic: Bloq Appreciation Thread (Read 1353 times)

legendary
Activity: 1260
Merit: 1116
February 24, 2016, 09:59:58 PM
#29
Hey friend, ever found yourself on the wrong end of a contentious chain split? Well don't worry. We supported that chain split! Our consultants are on-call and more than happy to explain it. Become a VIP member of the Bloq today for 24 hour chain side support.

Enterprise grade blockchain.
Cool
legendary
Activity: 1260
Merit: 1116
February 21, 2016, 03:43:31 PM
#28
"Fortune 100 customers shouldn't have to worry about all the minute details of bitcoin forking. They should have a menu of informed options, and choose from there."

Step right up!*




*To date, Bloq has already scored high-profile partnerships with industry startups Circle and Noble Markets, and is in discussions with PwC about its offering. PwC said it is still evaluating a more formal engagement with the startup.
legendary
Activity: 1260
Merit: 1116
February 19, 2016, 07:07:37 PM
#27
Attention alert! Rebranding in effect. For wider appreciation.

Unique to its offering is that Bloq aims to offer 24/7 support to its clients, in an effort to better assuage concerns about working with open-source tech. Bloq engineers will also implement features needed by clients into bitcoin’s code, in a similar fashion as industry startup Blockstream.

http://www.coindesk.com/inside-bloqs-bid-to-bring-bitcoins-code-to-enterprise-businesses/



Bloq provides essential blockchain scaffolding that is productized, hardened, tested and documented. Wink
legendary
Activity: 1260
Merit: 1116
February 06, 2016, 11:29:12 PM
#26
^I just flood threads with tripe. What kind of posting style is that?
full member
Activity: 154
Merit: 100
February 06, 2016, 11:25:34 PM
#25
...
Dear user,

We regret to inform you payment for the following item has been rejected: [George Forman Grill]. Unfortunately at some point some of the funds coming into the address in question have been associated with some other ones that were associated with: [Smack].

Would you prefer another payment option?



Y/N

Hahahaha Cheesy
associated with: [Smack]
sr. member
Activity: 392
Merit: 250
February 06, 2016, 10:56:16 PM
#24
I'd like to know what kind of coins are being rejected by Bitpay. Can anyone shed any further details on some examples of rejected coins?

Probably coins from known addresses involved in receiving stolen coins. Its hard to argue against blacklists, but where do you draw the line? It is immoral to do business with thieves.

That's partly the issue -- tainting coins doesn't mean doing business with thieves. It especially hurts casual users like you or I, who don't pay for extensive taint analysis on coins we transact with. So, if we sell some Steam codes or physical coins on the forum and receive some "tainted" coins, how are we to know?

......And when we go to spend those coins? Coinbase might drop us as customers. Bitpay might tell our vendors to stop doing business with us. And maybe this is only the beginning.... hopefully LEO doesn't end up knocking at our doors.

There are companies doing blockchain and risk assessment of transactions, e.g.

http://www.coinalytics.co/solutions

But i think they are mostly for businesses, not for individual customers. Bitpay is using coinalytics for example.

That's my point. Businesses are doing taint analysis on coins that we use. But we aren't doing it for p2p transactions (i.e. what bitcoin was intended for).

Dear user,

We regret to inform you payment for the following item has been rejected: [George Forman Grill]. Unfortunately at some point some of the funds coming into the address in question have been associated with some other ones that were associated with: [Smack].

Would you prefer another payment option?



Y/N









As blockchain analysis and data mining techniques keep get better with time, this is exactly what is going to happen on a regular basis.
legendary
Activity: 1260
Merit: 1116
February 06, 2016, 02:32:32 AM
#23
I'd like to know what kind of coins are being rejected by Bitpay. Can anyone shed any further details on some examples of rejected coins?

Probably coins from known addresses involved in receiving stolen coins. Its hard to argue against blacklists, but where do you draw the line? It is immoral to do business with thieves.

That's partly the issue -- tainting coins doesn't mean doing business with thieves. It especially hurts casual users like you or I, who don't pay for extensive taint analysis on coins we transact with. So, if we sell some Steam codes or physical coins on the forum and receive some "tainted" coins, how are we to know?

......And when we go to spend those coins? Coinbase might drop us as customers. Bitpay might tell our vendors to stop doing business with us. And maybe this is only the beginning.... hopefully LEO doesn't end up knocking at our doors.

There are companies doing blockchain and risk assessment of transactions, e.g.

http://www.coinalytics.co/solutions

But i think they are mostly for businesses, not for individual customers. Bitpay is using coinalytics for example.

That's my point. Businesses are doing taint analysis on coins that we use. But we aren't doing it for p2p transactions (i.e. what bitcoin was intended for).

Dear user,

We regret to inform you payment for the following item has been rejected: [George Forman Grill]. Unfortunately at some point some of the funds coming into the address in question have been associated with some other ones that were associated with: [Smack].

Would you prefer another payment option?



Y/N







legendary
Activity: 1806
Merit: 1521
February 06, 2016, 12:45:58 AM
#22
I'd like to know what kind of coins are being rejected by Bitpay. Can anyone shed any further details on some examples of rejected coins?

Probably coins from known addresses involved in receiving stolen coins. Its hard to argue against blacklists, but where do you draw the line? It is immoral to do business with thieves.

That's partly the issue -- tainting coins doesn't mean doing business with thieves. It especially hurts casual users like you or I, who don't pay for extensive taint analysis on coins we transact with. So, if we sell some Steam codes or physical coins on the forum and receive some "tainted" coins, how are we to know?

......And when we go to spend those coins? Coinbase might drop us as customers. Bitpay might tell our vendors to stop doing business with us. And maybe this is only the beginning.... hopefully LEO doesn't end up knocking at our doors.

There are companies doing blockchain and risk assessment of transactions, e.g.

http://www.coinalytics.co/solutions

But i think they are mostly for businesses, not for individual customers. Bitpay is using coinalytics for example.

That's my point. Businesses are doing taint analysis on coins that we use. But we aren't doing it for p2p transactions (i.e. what bitcoin was intended for).
sr. member
Activity: 392
Merit: 250
February 06, 2016, 12:39:37 AM
#21
I'd like to know what kind of coins are being rejected by Bitpay. Can anyone shed any further details on some examples of rejected coins?

Probably coins from known addresses involved in receiving stolen coins. Its hard to argue against blacklists, but where do you draw the line? It is immoral to do business with thieves.

That's partly the issue -- tainting coins doesn't mean doing business with thieves. It especially hurts casual users like you or I, who don't pay for extensive taint analysis on coins we transact with. So, if we sell some Steam codes or physical coins on the forum and receive some "tainted" coins, how are we to know?

......And when we go to spend those coins? Coinbase might drop us as customers. Bitpay might tell our vendors to stop doing business with us. And maybe this is only the beginning.... hopefully LEO doesn't end up knocking at our doors.

There are companies doing blockchain and risk assessment of transactions, e.g.

http://www.coinalytics.co/solutions

But i think they are mostly for businesses, not for individual customers. Bitpay is using coinalytics for example.
sr. member
Activity: 392
Merit: 250
February 06, 2016, 12:34:14 AM
#20
Blacklists are very bad! Simply because they lead to sad possibility that mine bitcoins are not as good as yours, thus value of 1 btc != 1 btc.

Blacklists are not evil. Only people can be evil. Don't put blacklists on coins, put them on addresses instead.

How this solves this issue? All bitcoins have public history. Banning some address could also ban every coin which can be associated with a given blacklisted address.
legendary
Activity: 1806
Merit: 1521
February 06, 2016, 12:32:54 AM
#19
I'd like to know what kind of coins are being rejected by Bitpay. Can anyone shed any further details on some examples of rejected coins?

Probably coins from known addresses involved in receiving stolen coins. Its hard to argue against blacklists, but where do you draw the line? It is immoral to do business with thieves.

That's partly the issue -- tainting coins doesn't mean doing business with thieves. It especially hurts casual users like you or I, who don't pay for extensive taint analysis on coins we transact with. So, if we sell some Steam codes or physical coins on the forum and receive some "tainted" coins, how are we to know?

......And when we go to spend those coins? Coinbase might drop us as customers. Bitpay might tell our vendors to stop doing business with us. And maybe this is only the beginning.... hopefully LEO doesn't end up knocking at our doors.
legendary
Activity: 1736
Merit: 1006
February 06, 2016, 12:23:07 AM
#18
Blacklists are very bad! Simply because they lead to sad possibility that mine bitcoins are not as good as yours, thus value of 1 btc != 1 btc.

Blacklists are not evil. Only people can be evil. Don't put blacklists on coins, put them on addresses instead.
sr. member
Activity: 392
Merit: 250
February 06, 2016, 12:21:08 AM
#17
I'd like to know what kind of coins are being rejected by Bitpay. Can anyone shed any further details on some examples of rejected coins?

Probably coins from known addresses involved in receiving stolen coins. Its hard to argue against blacklists, but where do you draw the line? It is immoral to do business with thieves.

Anonymity is taking a troll on things and hard to differentiate between white coins and black coins
sr. member
Activity: 392
Merit: 250
February 06, 2016, 12:20:56 AM
#16
I'd like to know what kind of coins are being rejected by Bitpay. Can anyone shed any further details on some examples of rejected coins?

There maybe many reasons. For example, Coinbase was rejecting gambling related transactions:

http://cointelegraph.com/news/coinbase-is-tracking-how-users-spend-their-bitcoins

sr. member
Activity: 392
Merit: 250
February 06, 2016, 12:18:51 AM
#15
I'd like to know what kind of coins are being rejected by Bitpay. Can anyone shed any further details on some examples of rejected coins?

Probably coins from known addresses involved in receiving stolen coins. Its hard to argue against blacklists, but where do you draw the line? It is immoral to do business with thieves.


Blacklists are very bad! Simply because they lead to sad possibility that mine bitcoins are not as good as yours, thus value of 1 btc != 1 btc.

Andreas Antonopoulos was asked already ask about BitPay blocking transactions. He said:
Quote
we really need to address the issue of fungibility. Blacklists are inherently evil, as they seed control to the author of the blacklist and that control is absolute.
https://www.youtube.com/watch?v=ak1iojpiHpM&feature=youtu.be&t=33m6s






legendary
Activity: 1736
Merit: 1006
February 05, 2016, 11:40:55 PM
#14
I'd like to know what kind of coins are being rejected by Bitpay. Can anyone shed any further details on some examples of rejected coins?

Probably coins from known addresses involved in receiving stolen coins. Its hard to argue against blacklists, but where do you draw the line? It is immoral to do business with thieves.
donator
Activity: 1617
Merit: 1012
February 05, 2016, 10:14:33 PM
#13
I'd like to know what kind of coins are being rejected by Bitpay. Can anyone shed any further details on some examples of rejected coins?
legendary
Activity: 3528
Merit: 7005
Top Crypto Casino
February 05, 2016, 09:35:39 PM
#12
I will be the first to admit that I don't often spend bitcoins like cash--I've come to view cryptocurrency as a speculation tool and as a store of value.  But I did buy some precious metals from Provident last year and I do believe the transaction was processed through Bitpay.  I'm not 100% sure.  It was fairly painless, though for some reason I had to transfer btc to my Xapo wallet, because Mycelium wasn't allowing the bitcoin to be withdrawn.
legendary
Activity: 1260
Merit: 1116
February 05, 2016, 08:10:53 PM
#11
It's not as if these guys have much choice is it? Banks and lawmakers must be itching for a reason to shut them down. I wouldn't wanna be their compliance team.

I can certainly appreciate that.

newbie
Activity: 1
Merit: 0
February 05, 2016, 08:07:00 PM
#10
It's not as if these guys have much choice is it? Banks and lawmakers must be itching for a reason to shut them down. I wouldn't wanna be their compliance team.

I can certainly appreciate that.
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